v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net interest income        
Interest income $ 1,812,198 $ 1,418,893 $ 3,537,128 $ 2,736,001
Interest expense 1,324,005 1,145,693 2,596,244 2,242,830
Net interest income 488,193 273,200 940,884 493,171
Net servicing income        
Servicing and related income 175,059 141,670 334,192 282,105
Servicing and related expense 17,835 14,571 34,415 28,684
Net servicing income 157,224 127,099 299,777 253,421
Other income (loss)        
Net gains (losses) on investments and other (318,503) 83,503 (990,622) 894,315
Net gains (losses) on derivatives 552,426 (388,785) 961,538 (1,366,652)
Other, net 13,521 15,812 22,844 23,210
Total other income (loss) 247,444 (289,470) (6,240) (449,127)
General and administrative expenses        
Compensation expense 44,640 36,583 86,024 73,880
Other general and administrative expenses 13,549 13,435 24,729 24,202
Total general and administrative expenses 58,189 50,018 110,753 98,082
Income (loss) before income taxes 834,672 60,811 1,123,668 199,383
Income taxes 6,899 440 5,380 8,707
Net income (loss) 827,773 60,371 1,118,288 190,676
Net income (loss) attributable to noncontrolling interests 5,100 3,272 12,963 9,353
Net income (loss) attributable to Annaly 822,673 57,099 1,105,325 181,323
Dividends on preferred stock 41,036 37,260 81,688 74,417
Net income (loss) available (related) to common stockholders $ 781,637 $ 19,839 $ 1,023,637 $ 106,906
Net income (loss) per share available (related) to common stockholders        
Basic (in dollars per share) $ 1.06 $ 0.03 $ 1.40 $ 0.18
Diluted (in dollars per share) $ 1.06 $ 0.03 $ 1.40 $ 0.18
Weighted average number of common shares outstanding        
Basic (in shares) 738,926,270 620,208,712 730,798,630 603,770,531
Diluted (in shares) 740,256,247 621,103,218 732,317,721 604,882,295
Other comprehensive income (loss)        
Net income (loss) $ 827,773 $ 60,371 $ 1,118,288 $ 190,676
Unrealized gains (losses) on available-for-sale securities (23,400) 33,559 (68,448) 198,436
Reclassification adjustment for net (gains) losses included in net income (loss) 0 13,797 0 79,200
Other comprehensive income (loss) (23,400) 47,356 (68,448) 277,636
Comprehensive income (loss) 804,373 107,727 1,049,840 468,312
Comprehensive income (loss) attributable to noncontrolling interests 5,100 3,272 12,963 9,353
Comprehensive income (loss) attributable to Annaly 799,273 104,455 1,036,877 458,959
Comprehensive income (loss) attributable to common stockholders $ 758,237 $ 67,195 $ 955,189 $ 384,542